Euronav NV announced today the upsizing and pricing of its initial public offering in the United States. The size of the offering has been increased from the initially announced 13,550,000 ordinary shares to 16,260,000 ordinary shares at an issue price per share of USD 12…
Mitsui O.S.K. Lines, Ltd. today announced the delivery of the coal carrier Shin Yahagi Maru, which will serve Chubu Electric Power Co., Inc. The vessel was delivered at Imari Shipyard and Works of Namura Shipbuilding Co., Ltd. on January 22…
Inmarsat, the leading provider of global mobile satellite communications services, will complete another significant milestone in the delivery of its transformational global mobile satellite communications (GX) service with the scheduled…
Essar Ports Ltd. a part of Essar, today announced its unaudited results for the quarter ended 31st December 2014.Highlights of Consolidated Results:Revenue for the quarter stands at Rs. 434.3 cr, an increase of 9% over corresponding quarter in FY14…
The European Union's second highest court on Thursday annulled EU sanctions on an Iranian bank and 40 shipping companies hit with asset freezes as part of pressure on Tehran over its nuclear programme. But they will remain under sanctions…
Combining Huntington Ingalls Industries’ (HII) S.M. Stoller Corp. and Newport News Nuclear subsidiaries, the company has created Stoller Newport News Nuclear (SN3), a full-service nuclear operations and environmental services company. 'Formation…
The holidays can be a difficult time for mariners. Many are away from family and friends and miss being able to open packages and share in the joy of giving and receiving. That’s why Seafarers’ House, a Fort Lauderdale-based nonprofit organization…
U.S. System Approvals are Key; Detailed Pre-Planning UrgedTen years on, there’s little certain about ballast water management regulations that the industry can chart a course around other than that it will be expensive – possibly the most costly marine retrofit to date…
Asahi/America, Inc. has promoted of Daniel S. Anderson to the office of president and CEO. The announcement was made to Asahi/America employees December 11, 2014 by former President and CEO Hidetoshi Hashimoto, who will remain with the Massachusetts…
Many of Brazil’s port facilities are being modernized and expanded as Brazilian waters grow busier. The UKHO has produced new and updated charts and Port Approach Guides for Brazilian waters so that customers of ADMIRALTY Nautical Product & Services have access up-to-date and accurate information…
Military2Maritime program recognized by White House for veteran hiring practices As Congress considers the role the Jones Act and the American maritime industry play as part of the Keystone XL pipeline debate, the national Military2Maritime program…
Congressman Joe Courtney (CT-2) and Congressman Steven Palazzo (MS-4), along with 30 bipartisan House colleagues, sent a letter this week to Senate leadership urging opposition to an amendment that they say would strip domestic construction…
Belgian dry bulk shipping group CMB on Thursday said markets would remain volatile after a disappointing 2014 in which falling commodity prices reduced stock building by clients. The group added that freight rates would come to a sustainable…
Thomas Kraus has been appointed by Geodis to head the group’s marketing, effective January 1, 2015. Thomas Kraus, formerly CEO of TNT Express in Germany, is in charge of developing the marketing strategy for Geodis, also running the group’s marketing community…
Preliminary results from the Concentrated Inspection Campaign (CIC) on STCW Hours of Rest, carried out between September 1 and November 30, 2014 in the Paris MoU region show that 16 ships (14% of detentions during CIC) were detained over the…